Changes to the Work Bonus start 1 July
24 June 2019
If you’re an eligible pensioner over Age Pension age, you may benefit from upcoming changes to the Work Bonus.
The Work Bonus can help you access the benefits of working while getting a pension. You can get the Work Bonus if you’re over Age Pension age and get a pension.You can’t get the Work Bonus if you get Parenting Payment single or the transitional rate of pension.
From 1 July 2019 there are two Work Bonus changes.
You’ll be able to earn up to $300 per fortnight from work before we reduce your pension.
We’ll now apply the Work Bonus to income from self-employment that involves active participation.
These changes could mean your pension amount may increase.
There’s nothing you need to do if your payment does increase due to the Work Bonus changes.
Learn more about the Work Bonus.
Read more news for people with disability.
As of 1 July 2019 more older Australians can now access the Pension Loans Scheme.
Page last updated: 24 June 2019